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to keep talking about how to deal with the leadership in pyongyang. susan rice says u.s. officials apprriate action.alled rtners to she said the security council may need to impose additional sanctions. experts say one reason they went what he had the launch was to get the upper hand in negotiations with the u.s. the north koreans have developed the capability to launch missiles that could reach the u.s. mainland. i started asking about the riousness of these developments. now looking at this as a safety concern. they called the launch is provocative act. >> it undermines the global nonproliferation regime. it's regrettable that the leadership chose to take this in flagrant violation of its >> tbama administration is also alarmed that north korea is getting closer to its goal of developing a long range missile capable of carrying a nuclear warhead. >> what further steps could the americans take? >> the u.s. had an agreement to provide north korea with food aid. the deal fell apart in april when the north korean regime went what he had a satellite lunch but was widely regarded as an
>> barack obama calls for compromise as the u.s. approaches the brink of another economic crisis. in a rare appearance on a u.s. talk show he appealed to congress to make a deal to avoid tipping the country into recession. you're watching al-jazeera live from london. also coming up, 21 policemen are buried in pakistan after being kidnap and shot by the taliban. anger and grief in india. candlelit vigils continue as the 22-year-old gang rape victim is cremated. plus moments of impact -- amateur video captures a russian plane after it overshoots a runway and crashes into a motorway. hello, president obama has made another appeal to the u.s. congress to reach an agreement in the next 48 hours to avoid the so-called fiscal cliff. it's a term used to describe the expiry of tax cuts dating back to 2001. if there is no deal, 88% of americans will end up paying $400 billion more in 2014. that will be coupled with more than a trillion dollars in automatic government spending cuts. according to the congressional budget office it will start with $200 billion in military and social welfare c
today in what could be the last chance to come talk before the u.s. falls off the fiscal cliff next week. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll still be talking about the same thing we're talking about now. >> although i feel we'll be talking more debt ceiling, as well. >> and speaking of which, president obama is trying a last ditch effort to restart budget talks days before the u.s. goes over the fiscal cliff. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell s
of the world if the u.s. fails to reach a deal? the u.s. is the world's largest economy, so it performance affects the other economies. -- so its performance affects the other economies. u.s. consumers will not have cash to spend on products from the big exporters. eu countries would be weekend in their fight against the financial crisis across the eurozone -- be weakened in their fight against the financial crisis across the eurozone. one economist says it is likely that president obama will negotiate a temporary deal. >> the importance of the u.s. this cliff is extremely -- u.s. fiscal cliff is extremely high. the main growth engines are firstly china, which will grow at about 8%. the u.s. is still very important. we are expecting growth of about 2%. if the u.s. goes off of this book with and you have very weak growth, that will be a huge dent in the global outlook and will have transmission of sex to the rest of the global economy at that time when the eurozone is still in recession in japan has also slid into recession. the risk is that this negotiation process could be protracted. i t
. that is how long u.s. lawmakers have to reach a deal or go over the fiscal cliff. for weeks, the combination of tax increases and spending cuts has been the ultimate political football in washington. there is little sign of any holiday good cheer. >> in washington, the fiscal cliff a stalemate remains. >> the latest on the fiscal cliff. >> the ugly phrase that is on everyone's lips, fiscal cliff, is what america could tumble off and 11 days. it means that if the president and congress cannot agree on a plan to sort out finances, there will be automatic savage cuts and brittle tax rises. neither side is budging much. >> it is very hard for them to say yes to me. at some point, they have got to take me out of it and think about their voters. >> four weeks, the white house said that if i move on rates, they would make substantial concessions on spending cuts and entitlement reform. i did my part. they have done nothing. >> it would mean automatic spending cuts worth more than a trillion dollars. taxes for the average household would go up by about three and a half thousand dollars. most economi
if the u.s. economy goes over the fiscal cliff. >>> and the fed takes the new and surprising step in its ongoing efforts to boost the economy, tying interest rates directly to the u.s. unemployment rate. >>> plus, investors cheering the plan to save danone's plans to offset losses over the next two years. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> welcome to the program. coming up on today's show, we'll be plenty busy. we head out to tokyo where carry enjoji has been talking about the upcoming elections. then, we hone in on central london where one pilot project is living roof and major buildings. find out what green living can do go r to improve the area. >>> and today, the 1 billionth international tourist will reportedly arrive at a destination in the world. at 11:20 central time, we'll speak to the world travel council to find out why france is still the world's top destination but more money is spent in the u.s. and central america is now a star performer. first, we want to get the latest news. looking for confidence out
it in perspective. the euro/u.s. dollar didn't move that much whatsoever. from that point of view, i don't think that we just have to look at today or the last two days of development in euro/u.s. dollar. of course, global trade is really important for the german economy. it continues to be very important. even from a private consumption point of view, we did have quite a bit of support as of late. also because of the wages. and looking at the world bank report, also looking at the asian economies in 2013, 2014, them seeing a little better picture is very good for the german economy and not to speak about the turnaround in the u.s. which seems to be stabilizing, looking this also at the housing market. so business sentiment better than expected. it is rising. the current conditions a little weaker than expected. add to that the financial analyst numbers we had as of late, also better than expected. not too bad. >> patricia, we'll see you again next hour. thank you very much for following all the latest there. >> sure. >>> now, shares in ubs have edged up in early trade after the bank announced a
. these are your headlines from around the world. >> with just one week to go before the u.s. economy goes over the fiscal cliff, lawmakers are pointing fingers and playing the blame game. >> mario monti is saying he's available to lead italy. he'll run for office in the upcoming election, but only for a party willing to push his agenda. >>> but he has competition in the form of sylvia berlusconi. he tells cnbc he feels a responsibility to run. >> feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales, but u.s. shoppers may be running low on holiday spirit. and analysts say that they're spending less, as well. hi, everybody. welcome. merry christmas out there. thank you for joining us here on the show. what we're looking at today, we've got slightly quiet markets ahead of the u.s. open. what we're seeing, though, that all the markets are being called lower across the board stateside. the dow is being called a bit lower, nasdaq is being called a bit lower and th
three weeks left before the u.s. goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps hitting session lows down nearly 6% comes amid concerns about leadership and economic reform in italy following mario monte's announcement that he'll resign once the budget has been passed. this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk us through the time frame here? when are we expected monte to step down? what happens next? >> good morning to you, kelly. here is the time frame for you. over the next few weeks, we're expecting the budget sta
.5 billion in penalties. regulators in the u.s., u.k. and sorts when charged ubs and manipulating a key interest rate known as libor. >> his was person -- pervasive manipulation of global benchmark interest rates by dozens of staff across three continents. and the heavy fine reflects the regulator's concerns. the ubs chief executives said those of all but the extent of the fraud and bribes maybe revealed by further criminal investigations. in just one instance revealed by the u.k. financial services authority, ubs made corrupt payments of around $24,000 a quarter for 18 months to brokers to thank them for helping them manipulate the global industry. libor is used to price more than $350 trillion of contracts around the world. potential losers include pension funds, insurance companies, and individuals. more than a dozen banks have been caught up in an international inquiry and there are more cases to come. >> i would imagine there are probably more skeletons in the covered, and that really think that some point policy makers and regulators need to start focusing on the fact that we will
-- >> in the u.s., president obama makes a last ditch attempt to find a budget compromise. >> in the angry and protests in the streets of regain rate. doctors warn the victim's condition is getting worse. >> and running the sydney yacht race for a sixth time. >> within the next hour, president barack obama is set to meet with top republicans to discuss the nation's looming fiscal clit. white house aides have indicated that obama will discuss measures for avoiding the rest of the automatic spending cuts and tax hikes that will bite if lawmakers fail to come up with a plan. >> pessimism remains the prevailing mood in washington as the january deadline rapidly approaches. neither democrats nor republicans have any new proposals for a workable compromise. >> the starbucks coffee chain has urged its workers in washington, d.c., area to write "come together" on the cups, a plea for party leaders to work out a compromise, but some customers say that is not enough. >> i mean, i like with starbucks is riding on the cups. i wish they would write, like, something else, like "republicans, stop being s
less. >> warner: and we talk with ambassador marc grossman about prospects for afghanistan as the u.s. prepares to withdraw troops by 2014 and as he leaves his post as u.s. special envoy to the region. >> woodruff: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: violence continued across syria today as the united states welcomed a russian admission that syria's rebels may succeed in overthrowing president bashar al-assad. syrian state television showed >> woodruff: for more on all of this we turn to vitaly churkin, russia's ambassador to the united nations. thank you for joining us. let me begin by asking you about the comment today made by your deputy foreign minister mr. bog don november. he said today "it is impossible to exclude a victory of the syrian opposition." how would you describe
and about u.s. ambassador susan rice's decision to take her name out of consideration to be secretary of state. >> woodruff: then, we turn to the fiscal crisis here at home. andrew kohut explains the latest poll numbers, showing strong support for the way president obama is handling the negotiations. >> the democrats are better regarded in this negotiation than the republicans by a lot. >> warner: plus ray >> warner: plus, ray suarez gets two views on proposals to raise the age of eligibility for medicare to 67, from 65. >> woodruff: it's bottoms up tonight for miles o'brien who reports on genetic links to alcoholism and other addictions. >> so far as i know, there's no law against reporting under the influence, so here goes something. >> warner: and we talk with ambassador marc grossman about prospects for afghanistan as the u.s. prepares to withdraw troops by 2014 and as he leaves his post as u.s. special envoy to the region. >> woodruff: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. b
prospects for afghanistan as the u.s. prepares to withdraw troops by 2014 and as he leaves his post as u.s. special envoy to the region. >> woodruff: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: violence continued across syria today as the united states welcomed a russian admission that syria's rebels may succeed in overthrowing president bashar al-assad. we may have a problem with that tape and we apologize. we'll try and get it together. if we're not able to -- we're going to go ahead and interview right now mr. vitaly churkin. he is russia's ambassador to the united
>>> the formalitier government is accused of being sent rick. >> massive write-downs n u.s. and brazil while warning over a week's global recovery. >>> and hsbc agreed to settle money laundering charges, paying a record $1.9 billion fine. >>> and we're getting the bumping out here today, not only because it's christmas, but -- >> because james ferguson is here. >> and we are finally in the same place at the same time. ♪ reunited and it feels so good ♪ >> there we go. >> my apologies to everyone for that. >> how about that voice? i feel a christmas sing along coming on at some point. >> it's the holt day spirit. >> it is. >> also, we are outside the u.s. senate. we're going to see just how much progress has been made or how little progress between the president and congress on the fiscal cliff situation. >>> and we'll find out just how much the european debt crisis has affected tourist's willingness to travel to southern europe. >> and then south korea's presidential election, yes, it's not just japan, and what to expect from the winner. >>> let's just plug you into wher
in u.s. history. president obama defeated mitt romney forcing the republicans to reconsider their policies among others returning women and immigrants. while the major party presidential candidate did not take on fossil fuel, climate change in any of their debates, it was a year of extrem e weathr from melting of the arctic to superstorm sandy to the massive typhoon in the philippines. 2012 will also be remembered for a series of mass shootings from aurora, arata, to the sikh temple, to be shooting in newtown, conn.. the case around trayvon martin sparked national protest after officials refused to arrest george zimmerman. president obama continues his secret drone wars. we spend the hour looking back at the moment and movements that shaped 2012. >> democratic congresswoman gabrielle giffords has announced she will step down this week. she was shot in the head last year in a shooting spree that left six people dead in tucson. >> thank you for your prayers and for giving me the time to recover. i have more work to do on my recovery, so i will do what is best for arizona. i wi
to u.s. exporters may be showing signs of stabilizing, maybe get to growth. so that might mean moderation in the eurozone might ease in the first quarter. but again, this is all dependent on what happens with that ongoing debt crisis and any step back in resolving that would obviously have a knock-on effect to the economy. >> i'm wondering whether germany as we look at -- they're just above sort of recession territory at the moment. i'm wondering whether if they get better growth out of asia, that will offset the weakness that they're seeing in europe enough to keep them above the pencil line. >> what we've seen so far with today's numbers is exports are declining very sharp. they'll need asia and the u.s. to offset some of that demand weakness, but again, the biggest market for most is the euro zone. if the eurozone is performing badly, that will have a thok-on effect for those countries. >> there's a number of strategists saying after the u.s. has sort of led equities for most of the year, they're now saying europe is the place to be. from i think really the question you have
republicans put forward their plan to cut the u.s. deficit, but the proposal is quickly dismissed by democrats and the white house. >>> and australia central bank cuts interest rates to the lowest level since the financial crisis in a bid to get ahead of sluggish commodities demand. we're on tuesday and off to a slightly, what, soft close yesterday for european stocks. right now we're pretty evenlies passed, advancers just about outpacing decliners on the stoxx 600, but not by much, 5:4 if that. so one hour into the trading session, this is where we stand. the ftse 100 just flat, a flat close yesterday. the dax was essentially fairly flat yesterday. up just ten points. the cac 40 yesterday doing a little bit better, up 0.2%. first pointing out ftse up 9 out of the last 11. we have seen yields continue to decline in spain. just 5.23%, but still capped. spain requesting financial assistance. we'll keep our eye on the uk as we head toward the bank of england meeting this week p. dollar index has hit a one month low. you're redollar up to euro-dollar up near the high we saw yesterday. dollar-yen m
policy. >>> in the u.s. president barack obama and republican house speaker john boehner are scrambling to avoid the looming fiscal cliff. they're trying to reach an agreement on how to tax the wealthy. the president offered to limit tax hikes for people earning more than $400,000 a year. instead of his original proposal of $250,000. but republicans are calling for more concessions. >> what we've offered meets the definition of balance. but the president is not there yet. >> boehner said he will submit a bill to the house later this week proposing higher taxes only on people with income over $1 million a year. white house spokesperson jay carney said the two sides are close to a deal. >> the president has demonstrated obvious willingness to compromise and to move more than halfway. toward the republicans. >> spending cuts and tax increases including hikes on the middle class are set to take effect in the new year. the democrats and republicans will need to reach an agreement before then or the u.s. could face a recession. >>> let's check on the markets for this wednesday morning. well,
of just 2.5% in the u.s., 1.5% in canada and zero growth in the uk. locally, cutbacks in government spending weighed on the numbers and lower commodity prices also impacted on cash flow and the government is facing more criticism about its effort to keep the budget in surplus while the economy grows. >> the government has had the objective of making sure that we would bring our budget back to surplus when growth has been around trend. what we've been seeking to do through good budget policy has been to provide maximum flexibility to the reserve bank to a just rate so. the government will always put in place appropriate budget settings which will support growth and jobs. >> still, analysts say growth could slow further as the mining investment boom peaks. yesterday, the bank of australia cut interest rates to a record low of 3% and traders are looking further easing next year to offset the falling talks of trade, the high australian daughter and further cutbacks in government spending. >> despite that prognosis for rates and the fact that we're now matching the record lows here, the
fighters bhimight win the sif w. they've beenalling for more talks, but u.s. president barack obama says they recognize the opposition coalition as the only legitimate representative of the people. the head of nato thinks president assad has his back to the wall. he said the government's collapse is only a question of time. >> i think the regime in damascus is approaching collapse. >> he urged syrian leaders to stop the violence, understand the situation they're in and initiate a process that would lead to realizing theegitate aspirations of the syrian people. nato officials say they won't intervene militarily. they said it could destabilize the region. instead they will increase pressure by deploying interceptor missiles along the turkey border. aid workers is say more than a million people across syria don't have enough to eat. they're warning the problem will only get worse. pedro heads the organization's new york office. he said the number of people needing help has tripled orr the st six months. >> they have serious problems in terms of having access to food. their food is not avail
weeks the u.s. policy tornado the soviet union is going to change in april of 1945. by the time there's that big meeting on april 23rd with molotov and april 23rd, the united states changed course, and so at that meeting, truman meets molotov -- first meet with advisers and they're divided. marshall, leahy, are all telling him don't break with the soviets. said to the secretary of war and said, the soviets have a much better understand of their open security, especially around poland, than we do. >> stepping back from the details, do you think it was realistic for these two powerful nations, continental powers, each of whom had, i think, it's fair to say, an empire, one formal, one a little more informal, because the soviets had different, smaller states under their control, and going to keep control of the baltic states and moving into eastern europe. was it realistic for these two powers, who are very different, to really get along for very long or were they really destined to have a cold war and luckily never really had a hot war except through proxies. so details are important, an
for his alleged role in the attack that killed four americans including u.s. ambassador chris stevens. molly is live in washington with the latest. hi, molly. >> hi, rick. he is a leader in the terror world. he is ambitious and very dangerous and now egyptian authorities aided by u.s. intelligence have him. officials have been tracking him for months according to the "wall street journal" and interest intensified after followers participated in the attack in benghazi, libya. he was captured in the past week or so, but we don't have details yet on how he was detained. u.s.ish ifs have not been able to interrogate him yet. here is what we know. ahmad is a former egyptian jihad member. he was released from a prison in march of 2011. he is the leader of the jamal network and has been setting up terror training camps in libya and egypt with some financial help from al-qaeda and yemen. and he was trying to set up al-qaeda in egypt. meanwhile secretary of state hillary clinton will be testifying on the benghazi uhing tay. a review board investigating the attack should be completed soon and s
.3 earthquake strikes japan's northeast coast. tsunami warnings have been issued. job growth in the u.s. are expected to have slowed significantly in november as hurricane sandy battered the economy. and euro hits a session low, 0.4% as problems in europe's periphery continue to weigh. a powerful 7.3 magnitude earthquake has struck across japan's northeastern coast. the quake rocked buildings as far as tokyo according to reports. u.s. geological survey said there was no threat in the wider pacific ocean. the yen has been rising to a session high before we got details of that. and right now, you can see dollar-yen at 82.39. 82.17 before that happened. some safe haven in-flows into japanese currency. if there was going to be a wave in terms of tsunami that was going to hit, it would have happened around five, six minutes ago and she had yet to see any specific drop or change in the sea level. so we'll hope that that continues on that particular way. atomic power says no irregularities seen at its nuclear plant. operations are normal after the quake. so we'll keep our eyes on that. and we'
the overall agreement, so the u.s. policy towards the soviet union is going to change in april of 1945. by the time there's a big meeting on april 23rd on april april 23rd the united states had changed course so at that meeting first teammates with his advisers one-fifth within marshall, leahy telling him they are grateful to the soviets and since the secretary of war understood the soviets have a much better understanding to their own security especially around poland than we do. >> stepping back from those details, do you think that it was realistic for these two powerful nations, continental powers, each to ochre and had i think was fair to say the entire one for all because the soviets obviously have their own different smaller states under the control and fifth. whether the two powers were in there is the logical bases to get along for very long. of course it never would have happened, but arguably stabenow as you know himself who is the head of the communist party told the communists and 45 get ready for the class war to continue in effect. don't believe the peaceful coexistence
. in it they argue that u.s. leaders must chart a course for the future by first facing what they call the country's troubling history of drifting further away from its democratic traditions. >> host: hello peter and oliver. i've taught with peter at american university. let me start by having both of you talk about the theme of this and how you wrote it? >> guest: i was invited in 1996 to go to this class at american university researching oliver storms america and one of the classes i was very popular. i went very impressed with it and the range of students and afterwards peter suggested that there was a great story about the atomic him in the atomic bomb always fascinated me because i was born the year after it was dropped and it was in new york city, the center of the world and my father was republican and a conservative. he served in world war ii as eisenhower said the bomb was the umbrella, the mushroom under which it grew and anything we did was in the shadow of that. so i was curious about it and the bomb story really does have another origin. the book about the scientist of the 30s and ab
in afghanistan come at a high price the life of a u.s. navy seal. here is the mission. to save an american doctor kidnapped by the taliban. as we go through the story it's a reminder about the sacrifice still being made overseas. good morning i'm bill hemmer. whole new week here at "america's newsroom". martha: i'm martha maccallum. this fallen hero was a member of navy "seal team 6" that carried out the mission to kill usama bin laden. according to officials in afghanistan they came under heavy fire with this mission. >> according to our information the kidnappers were taliban. they were heavily armed with heavy machine guns, with so-called rpg. rocket propelled grenades and ak-47s. bill: steve centanni follows up in washington. what can we report about this rescue machine? >> reporter: good morning bill. it took place early sunday after intelligence revealed the kidnapped american was in imminent danger of injury or death. dr. joseph is a medical advice sore for a group called "morningstar" development based in colorado springs. it is a group that helps rebuild communities in afghanistan. the d
the u.s. dollar by about .4%. proxy there for global growth prospects. the dollar/yen is weaker by about .25%. this as markets digest the news out of the boj and gauge whether they'll be successful in boosting inflation ultimately. the euro/dollar, 1.3221. so for trading in asia, just how japan, china and the rest have been affected by fiscal cliff news, diedra morris is join onning us with plenty more. hi. >> hey, kelly. it was a bit of a rude awaking. a lot of these indexes were on their way to gains and then we had the fiscal cliff setback. we had news that john boehner's plan b failed. this all turned red and this is where we ended. the nikkei 225 coming back from that huge rally that we have seen over the last five weeks shedding 1%. the exporters hurt here because the dollar/yen was lower. it has regained some ground in the last few hours or so. the kospi shedding about 1%. blame politicians in the u.s. and blame heavyweight samsung. this accounts for some 20% of market value on the kospi index. down 4%. that hurt the broader markets. this is, of course, because eu regulators are p
that divides russian society. but make no mistake, it is a power play. it's a response to that u.s. act, as you mentioned, a law signed by obama a couple of weeks ago intended to penalize, sanction russian officials connected with this particular custody case and this tax evasion case in russia. >> so matthew, this law would go into effect january 1st. is there any chance that those cases that are pending where the paperwork is finalized and where people are expecting their children, essentially, in a month or two would be allowed to go through? >> well, there is a question mark hanging over those. there are 52 children, according to the kremlin, that are in the middle of this adoption process with u.s. parents. the law, as you say, starts on january the 1st, but it's only a couple of days until then. so unless that can be finalized, my expectation is that that will be put on hold and indeed that's what russian officials are saying, that they don't think this law has been enacted from january the 1st, these children should be allowed to go to the united states. instead there's been a call for r
for calling. a live picture of the u.s. capitol. 7:23 in washington. some heavy rain and perhaps some snow. a. when terry mix are expecting in town. we mention that because the president is heading back into town. the senate and white house -- the senate and house are due back tomorrow. this is an politico. there is another piece of this morning that says the house member elect is also interested in the peak in the seat -- adapter the seat. springfield, va., lewis, an independent. caller: good morning. you could consider me a little bit pessimistic. i am actually looking at it as realistically as possible. i have a degree in macroeconomics. i believe that they all should be -- we should institute term limits on all of them. maybe a six-year term limit. they're all thinking of reelection. host: both sides? caller: yes. they are thinking about re- election with the country is almost $70 trillion in debt. -- $17 trillion. people and businesses are giving out payouts because taxes are going up on everyone. it does not matter -- there are too many taxes going up. payroll taxes going up. we do not
hours. it's clear right now since the house is about to adjourn that the u.s. is going over the fiscal cliff, at least technically. we'll see what the senate does tonight, if anything. what the house of representatives does to follow the stakes, as all of us know, are enormous. senators, thanks very much for joining us. >> thank you. >> congress had well over a year to tackle this fiscal cliff. instead, we've come down now to the final eight hours before our nation takes a severe hit potentially to the economy. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep up the good work. do more with the new samsung galaxy note ii. [ dog barking ] ♪ [ female announcer ] life is full of little tests, but your basic paper towel can handl
inquiry to the deadly attack on the u.s. consulate in libya has found security was grossly inadequate. >> the attack in september killed the u.s. ambassador and three other americans. the report has blamed systemic failures and leadership deficiencies at the state department. the secretary of state says she will adopt all of the recommendations. >> the inquiry also found that americans had no warning of the attack and little knowledge of the threat posed by local militia. >> funerals will be held today for six victims of the newtown school massacre, including the school principal. >> the incident has once again put the spotlight on gun control in america and the country's powerful gun lobby. the national rifle association has spoken out for the first time since the massacre. >> americans exercising their right to bear arms in the state of virginia, part of their constitutional guarantee to self-defense, but the deaths in connecticut have revived the debate about what kinds of weapons are needed for self- defense. many now want washington to come up with stricter laws about public acce
is affecting your trip home for the holidays. it will be a very merry christmas for the familiar leave this u.s. marine veteran just released from one of mexico's most dangerous prisons. where he stopped off before heading home causing some concern. how about this. a short-cut to becoming a doctor, a new program being offered by one of the most prestigious medical schools in our country saving both time and money for the students, but does it skimp on training, a doctor in three years? it's all happening now. but first there is troubling news on the civil war that is raging some 21 months now in syria. the international envoy trying to help end the violence there says that he's still worried there's been no progress in the ending of the bloodshed that's claimed thousands of lives. hi, everybody, i'm jaime colby, today i'm in nor jenna lee. >> reporter: i'm kelly wright in nor jon scott. the u.n. envoy meeting face to nice with the syrian president today. while their account of that meeting was lens hopeful we are hearing now even more troubling reports the syrian army may have used a deadly poi
next year is likely to be a bit better next year here in the u.s. and globally. >> susie: we saw that treasury yields rose, and is this a signal to get out of treasures and to put your money into stocks? this has been a safety area for most investors. >> it sure is. i bought a bond and it went up, and why do you want to take this away from me. but i believe in the premises of your question. if, in fact, the economy is a little better, and the financial risks are a little bette th's a recipe for very low interest rates, for a mild increase in interest rates, which means bond prices go down. i would not be overweight in the treasury area. i would have modest weights and have the rest made up in equity, susie. >> susie: bob, thanks a lot. we look forward to your 10 predictions in 2013. we'll be talking to you about that. robert doll as nuveen as asset manament. >> susie: there was a new twist today in the samsung-apple saga over patent disputes. samsung electronics dropped a critical lawsuit banning the sale of apple products in euope. the good news helped put some shine on apple sh
" starts right now. maybe. >> the u.s. and a potentially devastating blow. a temporary deal is reached to stop a looming strike at american courts for now. good to see you. welcome to "america live", i am gregg jarrett. heather: and i am heather. megyn kelly is off today. it looks like they will have 30 days to come up with a plan to avert a strike to put many americans out of the work. we will bring them on the story as we get get the details. the first time in developing this hour we are awaiting a high-stakes meeting at the white house between president obama and congressional leaders on the fiscal crisis. the talks are a last-ditch effort to avoid spending cuts and tax hikes from 90% of american households. mike emanuel is live on capitol hill where all the action is taking place. is there a lot of action? there is a lot of buzz on capitol hill. mitch mcconnell, who will be attending a white house meeting told us a few moments ago that we are always the running out of time. chairman max baucus, the democrat says that he thinks this will fiscal cliff matter comes down as one white h
greece would have a worse depression than the great depression in the u.s. >> brown: a player in campaign politics, but what of the current debt debate? we talk with tea party ally, matt kibbe. >> warner: and as e.p.a. chief lisa jackson steps down, we assess the track record of the administration's environmental agency. >> brown: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> warner: five days and counting with plenty of tit-for- tat charges, but no agreement in sight. that, in short, summed up the state of affairs in washington today as the fiscal cliff deadline loomed, january
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